Word reaches Betaville that Nickleby Capital, the little known corporate finance firm that was claiming to advise and finance Eddie Jordan's consortium on its $3 billion tilt at FTSE 250-listed gaming software group Playtech, was hardly involved in the deal...
Readers following the complex takeover saga involving FTSE 250-listed gaming software company Playtech might spend a bit time of digesting Alisatir "Acerbic" Osborne's column in The Times this morning...
That's weird: the link to Nickleby's involvement in JKO Play's bid for Playtech no longer takes you to the page where the firm promoted its role in advising and financing Eddie Jordan's consortium. Below is the same link I pasted in yesterday morning's Part 3:
So, it turns out news of Nickleby's involvement with Eddie Jourdan's tilt at Playtech was bearish after all!
This morning JKO Play has announced it is withdrawing its approach for Playtech, the FTSE 250-listed gaming software company. Below is the link:..
JKO Play, the investment vehicle led by former Formula One boss Eddie Jordan, has lined up Nickleby Capital to advise and raise the financing for its £2.7 billion plus takeover bid for Playtech, the FTSE 250-listed gaming company.
The thing is, though, is Betaville can't tell whether Nickleby's appointment is bullish or bearish for JKO's counter tilt at Playtech...
Karen Lo has been buying a multi-million pound stake in Playtech, the online gaming software group currently at the centre of a complex three-way takeover tussle.
She is just the latest in a string of colourful characters, many of them eminating from the Far East, who have been buying shares in Playtech well above the recommended 680p a share offer from Aristocrat, an Australian gaming group...